XLM Analysis

in xlm •  7 years ago 

XLM Descending Triangle 03Mar2018.JPG

XLM getting squeezed @ lower end of descending triangle formation on Daily chart. Possibility of breakout on either sides. However usually descending triangles breakout on lower end as sellers are more in control.

Personally feel it will pop up on the upside as RSI pretty oversold.

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Just wait until IBM starts locking up several billion coins for transactions. 🚀🌕

I hope you are true, XLM is strong !

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